The root of the CFPB’s ineffectiveness is that it believes regulation is the way to fix the banking industry’s problems. To ...
On Friday, the Consumer Financial Protection Bureau (CFPB) sued four financial companies involved with Zelle. The CFPB’s ...
Last week, the Consumer Financial Protection Bureau sued 3 of the nation's largest banks and the operator of Zelle for ...
The CFPB said the banks violated federal law through critical failures, alleging they ignored red flags that could have prevented fraud.
Zelle is used by many people to quickly and conveniently send money electronically from their credit card or bank account.
The nation's top consumer watchdog on Friday sued the payment app Zelle and three of the nation's largest banks for failing ...
Wells Fargo, Chase and Bank of America were sued by the Consumer Financial Protection Bureau over alleged widespread fraud on ...
The federal government claims Early Warning Services, the Scottsdale-based operator of Zelle, along with three banks, failed ...
Bank of America Corp., JPMorgan Chase & Co., and Wells Fargo & Co. — and the operator of the Zelle payment network are ...